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  • Price cut: $41.5K (5/22)
    $408,000

    4 Cinnabar Ln, Galena, IL 61036

    4beds
    2,300sqft
    : 
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    Single Family Residence
    Built in 1991
    0.6 Acres Lot
    $390,700 Zestimate®
    $177/sqft
    $-- HOA

    What's special

    Wood-burning fireplaceNew bathroomsFully rehabbedNewly and brightly litGranite countertopsLp flooringNew carpeting
    Newly and brightly lit, fully rehabbed 2,300 sq. ft., 2-story, 4BR, 3BTH home with a current Airbnb County-approved license and a new septic system. All the bells and whistles: wood-burning fireplace, LP flooring, new carpeting, new 32" kitchen cabinets, granite countertops, new stainless steel appliances, and new bathrooms-with the primary suite featuring a soaking tub and new paint. This is a beautiful, highly profitable investment opportunity, or you can just move in and fully enjoy The Galena Territory, the five golf courses, boating/fishing lake, walking trails, horseback riding, and the deer, bobcats, and other woodsy critters. As an owner, you can utilize the 6,800 acres privately held by the Association and the extensive owner's clubhouse just 0.8 miles down the road. Our renters, family, and friends love the indoor/outdoor pools, indoor basketball, large workout center, locker rooms, grill restaurant, and highly professional Owners Association Office. It has been our pleasure owning a house in The Galena Territory for all it offers and its rental opportunity business. Resort, Airbnb, Vrbo approved/licensed by the Galena Territory and County
    127 days
    |
    475
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Karan Patel 224-659-8330,

    Brick Stone International Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12559009MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: No additional rooms
      Primary bedroom
      • Features: Bathroom (Full)
      • Level: Second
      • Area: 234 Square Feet
      • Dimensions: 18X13
      Bedroom 2
      • Level: Main
      • Area: 121 Square Feet
      • Dimensions: 11X11
      Bedroom 3
      • Level: Main
      • Area: 130 Square Feet
      • Dimensions: 10X13
      Bedroom 4
      • Level: Lower
      • Area: 117 Square Feet
      • Dimensions: 9X13
      Dining room
      • Level: Main
      • Area: 154 Square Feet
      • Dimensions: 14X11
      Family room
      • Level: Lower
      • Area: 374 Square Feet
      • Dimensions: 22X17
      Kitchen
      • Level: Main
      • Area: 154 Square Feet
      • Dimensions: 14X11
      Laundry
      • Level: Lower
      • Area: 143 Square Feet
      • Dimensions: 13X11
      Living room
      • Level: Main
      • Area: 216 Square Feet
      • Dimensions: 18X12
      Heating
      • Propane
      Cooling
      • Central Air
      Appliances
      • Laundry: In Unit
      Features
      • Basement: Finished,Walk-Out Access
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning, Living Room
      Interior area
      • Total structure area: 0
      • Total interior livable area: 2,300 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Yes
      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Stories: 2
      Lot
      • Size: 0.6 Acres
      Details
      • Parcel number: 08101002000000
      • Special conditions: None
      • Other equipment: Water-Softener Owned

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Cedar
      Condition
      • New construction: No
      • Year built: 1991
      • Major remodel year: 2024

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Shared Well

      Community & HOA

      HOA
      • Services included: None
      Location
      • Region: Galena

      Financial & listing details

      • Price per square foot: $177/sqft
      • Tax assessed value: $290,757
      • Annual tax amount: $4,948
      • Date on market: 3/7/2026
      • Ownership: Fee Simple w/ HO Assn.

        Estimated market value

        $390,700

        $371,000 - $410,000

        $2,339/mo

        Price history

        DateEventPrice
        5/22/2026Price change$408,000-9.2%$177/sqft
        Source: MRED as distributed by MLS GRID #12559009 Report a problem
        4/22/2026Price change$449,500-5.4%$195/sqft
        Source: MRED as distributed by MLS GRID #12559009 Report a problem
        3/7/2026Listed for sale$475,000+115.9%$207/sqft
        Source: MRED as distributed by MLS GRID #12559009 Report a problem
        11/9/2022Sold$220,000-26.4%$96/sqft
        Source: NorthWest Illinois Alliance of REALTORS® #202206813 Report a problem
        10/22/2022Pending sale$299,000$130/sqft
        Source: NorthWest Illinois Alliance of REALTORS® #202206813 Report a problem
        10/15/2022Listed for sale$299,000$130/sqft
        Source: NorthWest Illinois Alliance of REALTORS® #202206813 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,948 +4.9%$96,919 +14.4%
        2023$4,716 +15.2%$84,705 +34%
        2022$4,095 +5.2%$63,213 +7.8%
        2021$3,892 -1.3%$58,623 +1.2%
        2020$3,944 +2%$57,934 +1.7%
        2019$3,866 +1.5%$56,966 -1.2%
        2018$3,810 $57,663
        2017$3,810 +1.7%$57,663 -0.8%
        2016$3,745 +1.1%$58,154
        2015$3,706 +0.5%$58,154 -6.2%
        2014$3,686 +6%$62,014 -4.7%
        2013$3,478 $65,050 -10.6%
        2010-- $72,727 -6%
        2009-- $77,369
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 61036

        Getting around

        5 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 120

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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